Question: 1 JRC Normal Alcode Descripcin Normal Puesto Below is a summary of all transactions of KEV Consulting for the month of October $15,000 100,000 850,000
1 JRC Normal Alcode Descripcin Normal Puesto Below is a summary of all transactions of KEV Consulting for the month of October $15,000 100,000 850,000 Cash transactions Cash collections from: Sale of unused office furniture Borrowing from bank customers Cash payments for: Employee salaries Dividends to stockholders Advertising expense Utilities expense Purchased office equipment Office supplies Noncash Transactions Issue note payable for equipment Services to customers on account Purchase office equipment on account 500,000 100,000 225,000 18,000 80,000 2,500 $300,000 45,000 25,000 Prepare a statement of cash flows for the month of October, properly classifying each of the transactions into operating, investing, and financing activities. The cash balance at the beginning of October is $25,000. 26.15 2211$ 28.15 What is the amount of cash inflows from operating activities? What is the amount of cash outflows from operating activities? What is the Net Cash Flows from Operating Activities (if cash used, use? What is the Net Cash Flows from Investing Activities if cash used, use? What is the Net Cash Flows from Financing Activities of cash used, use? How much did cash change it decrease, use 29.3 30. 31118 32 3 What is the ending cash balance for the company? Foco
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